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China’s appetite for Blockchain technology is getting bigger and the world needs to be ready for the breakthrough that the country may come up with, says Virgilio Lizardo Jr., vice president at Bitbank Group. Lizardo Jr has been in China for nine years and currently lives in Shenzhen where he handles international business development and other services for companies under Bitbank including BW and Bter. He says it remains to be seen how Blockchain-related developments will translate into successful products or services in domestic markets. “They have a much greater chance of being successful in China because it’s for domestic use,” Lizardo Jr....

The future growth of China’s blockchain industry will rely on well-designed regulatory and standardization frameworks in the country, according to industry experts. At the 2018 Bo’Ao Forum for Asia in China’s Hainan province on Tuesday, speakers including Chen Lei, CEO of cloud network provider Xunlei, and Li Lihui, who heads the Blockchain Research Working Group at China’s National Internet Finance Association (NIFA), discussed the latest blockchain developments in China, as well as the tech’s future prospects. While 2017 saw a number of blockchain projects from technology companies in the nation, the experts on the panel argued that, further down the road, a...

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China is at the forefront of the blockchain revolution. Every day, exciting projects are being launched. China Crypto News brings you the latest news and insights on China’s blockchain industry. Based in China, we write and share independent posts with the latest developments and we reach out to industry leaders to let them share their knowledge and experience.